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THE IRS JUST RELEASED THE NEW 2027 🇺🇸 TAX BRACKETS. HERE'S HOW THEY WORK IN PLAIN ENGLISH The US uses marginal tax brackets. Your income gets split into layers, and each layer is taxed at its own rate. Moving into a higher bracket only raises the rate on the dollars above that cutoff, never on everything you earn. Every bracket also got a little bigger this year to keep up with inflation. Step 1: Take what you earn and subtract the standard deduction. That part isn't taxed at all. - Single: $16,600 - Married: $33,200 Step 2: Whatever's left gets taxed in layers. Single filers: - 10% on your first $12,800 - 12% on income up to $52,025 - 22% up to $109,125 - 24% up to $208,325 - 32% up to $264,550 - 35% up to $661,375 - 37% on anything above that Married filers: - 10% on your first $25,600 - 12% on income up to $104,050 - 22% up to $218,250 - 24% up to $416,650 - 32% up to $529,100 - 35% up to $793,650 - 37% on anything above that LETS GO THROUGH 6 SEPARATE EXAMPLES Example 1: Single, earning $76,600 (taxed on $60,000) - 10% on $12,800 = $1,280 - 12% on $39,225 = $4,707 - 22% on $7,975 = $1,755 Total: about $7,742, or 10.1% of income Example 2: Single, earning $450,000 (taxed on $433,400) - 10% on $12,800 = $1,280 - 12% on $39,225 = $4,707 - 22% on $57,100 = $12,562 - 24% on $99,200 = $23,808 - 32% on $56,225 = $17,992 - 35% on $168,850 = $59,098 Total: about $119,447, or 26.5% of income Example 3: Married, earning $80,000 (taxed on $46,800) - 10% on $25,600 = $2,560 - 12% on $21,200 = $2,544 Total: about $5,104, or 6.4% of income Example 4: Married, earning $350,000 (taxed on $316,800) - 10% on $25,600 = $2,560 - 12% on $78,450 = $9,414 - 22% on $114,200 = $25,124 - 24% on $98,550 = $23,652 Total: about $60,750, or 17.4% of income Example 5: Married, earning $1,200,000 (taxed on $1,166,800) - 10% on $25,600 = $2,560 - 12% on $78,450 = $9,414 - 22% on $114,200 = $25,124 - 24% on $198,400 = $47,616 - 32% on $112,450 = $35,984 - 35% on $264,550 = $92,593 - 37% on $373,150 = $138,066 Total: about $351,357, or 29.3% of income Example 6: Single, earning $1,200,000 (taxed on $1,183,400) - 10% on $12,800 = $1,280 - 12% on $39,225 = $4,707 - 22% on $57,100 = $12,562 - 24% on $99,200 = $23,808 - 32% on $56,225 = $17,992 - 35% on $396,825 = $138,889 - 37% on $522,025 = $193,149 Total: about $392,387, or 32.7% of income Same $1.2M income, different results: a single person pays about $41,030 more than a married couple, because the married brackets are wider.
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The Cosmos dollar is quietly moving to ethereum:0xe28b3b32b6c345a34ff64674606124dd5aceca30 Circle is ending USDC on Noble, the chain that served USDC to Cosmos, and the migration route leads to Injective ∟ Oct 13 : new USDC minting on Noble stopped ∟ Oct 31 : exit limits started shrinking ∟ Dec 1 : exits may be limited ∟ Jan 12 : Noble USDC gets paused → The clock is running for every Noble USDC holder 🥷 Where to go ? ∟ USDC.n swaps into USDC.inj, native USDC issued by Circle on Injective ∟ Routed by Skip:Go over IBC ∟ Live for dYdX, Osmosis, Cosmos Hub, Neutron, Terra, Initia and more ∟ About $80M in stablecoins still sitting on Noble → Injective USDC is now the standard for 20+ chains → Cosmos gets its dollars from Injective now Still holding Noble USDC ? Did you migrate yet ? 👇
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The Financial Establishment’s Crypto Blind Spot When a cryptocurrency exchange gets hacked, the verdict comes quickly: Bitcoin is unsafe. When a technology provider connected to America’s banking infrastructure leaks credentials and system configurations, the reaction is a shrug. Apparently, cybersecurity becomes a systemic concern only when the target is crypto. Consider the contrasting responses to October’s Binance and Finzly incidents. At Binance, attackers reportedly entered through a DevOps engineer’s compromised laptop, reached a service container and initiated unauthorized withdrawals totaling roughly $6.3 billion. Binance subsequently described a complex attack involving additional breach points. It said no private-key leak had been found, customer funds were safe and the company would absorb the losses. That is a serious failure of exchange security. It is not evidence that Bitcoin’s blockchain was hacked. Confusing the two is like treating a bank robbery as proof that the dollar’s monetary architecture has failed. Yet that distinction routinely disappears when cryptocurrency supplies the headline. Meanwhile, an extortion group published keys, credentials and firewall configurations belonging to Finzly, which connects banks and credit unions to ACH, Fedwire and FedNow. The exposed material reportedly described a direct Federal Reserve connection and rules governing payment traffic. Finzly said the files could not provide system access, keys had been rotated, and neither customer data nor banking access was compromised. Those assurances matter. So does the distinction between exposed configurations and a successful intrusion into payment networks. But why does nuance survive for traditional finance while disappearing for crypto? The irony is not that Finzly necessarily suffered the more damaging incident. Binance’s reported losses were enormous. It is that one event became an indictment of an entire asset class, while the other barely disturbed confidence in established infrastructure. The standard should be consistent: identify what failed, establish what was compromised and assess the consequences. Institutional familiarity is not cybersecurity. Extortion group threatens to leak bank vendor's secrets
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The Standard Procedure 🎯 @ravynalexa With @MickBluexxx Directed By @TheTweetOfMC The #Magnificent# & #MickBlue# Link: Here: 🐦‍⬛:
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The Restore Britain Budget. Britain has spent decades being governed by politicians who believe the answer to every problem is yet more government - that policy has destroyed our country. More spending. More borrowing. More regulation. More taxes. More state. Parasitic overreach into our lives - delivered by politicians and civil servants who have no understanding or appreciation of how real wealth and opportunity is generated in the private sector. And what have the British people received in return? A country where working families struggle. Where businesses face punishing costs. Where young people cannot afford homes. Where failing public services demand ever more money, whilst prioritising endless third world migrants. Where inflation runs rampant. For British men and women, it is a government-backed scam. Corrupt incompetence. It is impossible for Britain to tax itself into prosperity. I repeat, IMPOSSIBLE. Wealth is created by people - the public sector should exist to support the private sector, not the reverse and that is the principle which underpins our philosophy. Restore Britain backs the farmer producing food, the white van man driving the economy, the engineer designing machinery, the shopkeeper serving customers and the entrepreneur risking everything to start a business. It comes down to this - Restore Britain will protect their freedom to succeed. If you work hard and contribute, we are on your side. Our Budget would begin the work of returning power, responsibility and money to the British people. First, the spending cuts - to come before ANY reductions in tax. Our 20 point plan to restore prosperity… 1. Freeze working-age benefit rates. We will freeze working-age benefit rates for the duration of the first Parliament. Britain cannot indefinitely increase expenditure without considering the burden on the people funding it. That would be morally wrong. The healthy indolent will not be rewarded. 2. Restrict welfare eligibility. No more benefits for foreigners, saving billions. No need to expand. 3. Reform sickness and disability benefits We will overhaul eligibility, assessment procedures and return-to-work support. People with serious disabilities and health conditions must receive appropriate protection. But those who can work, will work. If they refuse, they will be put to work. That simple. 4. Reform pensions. We will protect the State Pension while replacing the triple lock with annual CPI uprating. Public-sector pension arrangements will be overhauled to address differences with private-sector provision. These measures will save tens of billions - all outlined in full in our economic paper, The Wealth Of Our Nation. Next, take an axe to unnecessary government spending 5. The quango bonfire. We will conduct a comprehensive review of arm's-length public bodies, the default will be abolish unless there is a serious reason to retain. Where its functions duplicate a government department, consolidate them. Deliver accountability and savings. AI will mean vast cuts are possible. A LOT of Whitehall civil servants will lose their jobs. To be frank. 6. Freeze most departmental budgets. We will introduce a three-year nominal spending freeze across most government departments - the main exception will be our programme of mass deportations, which in the short term will cost, however as we know, any immediate funds will be quickly recovered and then some. 7. End public spending on Net Zero. We will end all public expenditure directed towards achieving Net Zero. Energy security will be our main priority. We will support investment in dependable domestic energy supplies, including the infrastructure needed to maintain a resilient electricity system. Energy security will be placed above any ideological dogma. If it makes Britain more resilient, we will pursue it. 8. Review government consultancy and discretionary expenditure. We will audit consultancy contracts, procurement services, and ALL external advisory work - spending that cannot demonstrate a clear public benefit should end. The procurement scam will end. All bullshit ESG and social value nonsense will be stripped away - if the public sector wants to use a third party firm, make it the best one - subject to right-to-work checks to ensure no illegals are being employed. As stated - spending cuts first, then tax cuts. Done carefully and responsibly. Here’s an overview of how a Restore Britain Government will lift the tax burden… 9. Raise the income tax personal allowance to £16,000. Nobody should be paying income tax on their first £16,000 of earnings. We will raise the personal allowance and extend the basic-rate income tax band to £100,000. We will also restore the full personal allowance to higher earners, ending the withdrawal that creates exceptionally high effective marginal tax rates. Success will be rewarded, hard work will be rewarded, ambition will be rewarded. 10. Cut corporation tax. We will introduce a zero corporation tax rate on the first £50,000 of company profits. Above that threshold, we will restore the headline rate to 19%, with a longer-term ambition of 15%. As soon as fiscal conditions allow. Let’s give small businesses the genuine breathing room to get their operation off the ground, and then use the corporation tax cut to compete with our neighbours. 11. Abolish inheritance tax and stamp duty. Families should not be punished for saving, investing and passing assets to their children. We will abolish inheritance tax. For farmers, for family businesses, for everyone. The state has no claim to a family's lifetime of accumulated wealth simply because somebody has died. I detest it. It will be binned for all. Stamp duty makes moving home more expensive, discourages mobility and creates unnecessary friction in the housing market. We will abolish it. 12. Reduce disruptive tax. We will cut the standard rate of VAT from 20% to 18%. We will also raise the VAT registration threshold to £150,000, helping smaller businesses grow without immediately facing additional tax burden. The amount of businesses hovering just under the current threshold is painful. The issue is OBVIOUS, yet nobody in government has thought to act. And we will ditch unnecessary taxes. We will abolish: Insurance Premium Tax. Air Passenger Duty. The Climate Change Levy. The UK Emissions Trading Scheme. We will also substantially increase the annual Capital Gains Tax exemption. Restore Britain’s objective is a tax system that is simpler, more predictable and less hostile to investment. Next, we will restore a state that works for our people. 13. Hold the NHS accountable. The NHS will remain free at the point of use for British citizens. We propose charging non-citizens at market rates - ensuring they actually pay the bills. We will make private healthcare expenditure tax deductible. If people want to go private, let’s make it cheaper. Alongside far-reaching structural reform, we will demand basic improvements in patient communication. Answer the telephone. Confirm referrals. Explain test results. Keep patients informed. Use AI to clear pressure on GPs. All patient-facing staff must demonstrate the English-language communication skills necessary to perform their roles safely. If staff can’t speak English to the required standard, they will no longer have a job. 14. Restore Britain’s education system. We will move towards greater school-level autonomy, with funding more closely linked to pupil numbers. We will remove VAT from private education and make private education tax deductible. We will also promote practical education, apprenticeships and stronger links between schools and employers. The aim will be to prepare children for working adulthood - full paper to come. Apprenticeships are vital - my businesses have developed hundreds and hundreds. It works, especially with the rise of AI. Student loan interest abolished for British nationals resident in the UK, full paper published. An overhaul of childcare regulation and funding - led by those in the sector who know what’s necessary and what’s not. Next. The Restore Britain Budget will work to restore a self-sufficient Britain, backed by sovereign AI capabilities. 15. Support British farming and food security. We will review the regulatory and tax burdens facing British farmers. Food security must be recognised as a matter of national resilience and urgency. That will be central to everything. We will make it FAR easier for domestic producers to compete for public-sector food contracts and examine ways to reduce unnecessary administration. Let’s use the public sector spend to back our own people, not import from foreign farmers. Britain should not become increasingly dependent on imported food while making it harder for its own farmers to survive. And we desperately need to bring more young people into the industry… 16. Ease pressure on transport network. We will rebuild Britain's transport network, tackling potholes, congestion and crumbling infrastructure while improving vital freight routes and rural roads - motorists will no longer be treated as cash cows. Fuel duty cut, and plenty more. (Full paper about to be published.) Get this right, and the whole economy is lubricated. 17. Back small businesses. We will review regulations introduced over recent decades, with a presumption in favour of removing law. Compliance simplified, licensing stripped back. Administrative burdens burned away. Scrap IR35, obviously. Business rates abolished for small high street businesses. Review car park charges. Boost police numbers in town centres. Restore confidence on the high street. Bring footfall back. Watch businesses thrive. 18. Develop sovereign AI capability. AI is coming whether we like it or not. We need to ensure that we have our own protected AI capability which can promote and defend our own interests. We’re already falling behind, and it’s getting worse. We have the opportunity to be a genuine world-leader. Let’s pursue it. 19. A foreign policy that puts Britain’s interests first. No endless foreign wars driving up the cost of living for ordinary families, no foreign aid unless explicitly to advance our interests. We will prioritise national security, trade, energy independence and protecting British citizens abroad. Spending will be increased, but our armed forces exist to defend Britain and our vital national interests, not to act as the world's policeman. 20. Protect sound money and fiscal stability. This is the most important of all. We will pursue a balanced Budget over the medium term and a declining debt-to-GDP ratio. Our aim is to cut the debt, not just the deficit. The era of mass money printing will end. Inflation will be controlled. The cost-of-living reduced. The aim - a Britain that belongs to its people Every Budget promises change, while the state grows larger and the taxpayer becomes poorer. Restore Britain offers a completely different direction. A smaller government that spends less - all helped by a massive reduction in the number of migrants living in Britain. Doing a small list of things, but doing them well. A welfare state that protects genuine need and expects personal responsibility. A tax system that rewards work, saving and enterprise. Public services that answer to the people who fund them. An economy built on productive businesses rather than a parasitic state. We do not believe the British people need politicians to manage every aspect of their lives. We believe they need the freedom to build better lives for themselves. In short - we will stop buying votes with other people’s money. Our ambition is not to make government richer. It is to restore the prosperity of the British economy, the British nation and the British people.
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The Brabus P900 Rocket Edition is a pick-up based on the Mercedes-AMG G63. That alone is quite the feat, but this is a Brabus build; there’s always more. The company has bumped the standard 4.0-liter V-8’s displacement up to 4.5 liters and brought total horsepower up from 577 hp to an even 900 hp. The engine produces a peak torque output of 922 lb-ft, but the company says that this is electronically limited at 774 lb-ft “to protect the drivetrain components.” Read our full story on the Brabus P900 Rocket Edition ➡️ #brabus# #gwagen# #carsofx# #roadandtrack#.
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The decision was already made. The best isn’t a request. It’s the standard you either meet or miss.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ 💅
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The 2027 Hyundai Tucson’s UI looks AWFULLY similar to something else…. Tesla’s UI is the standard. Everyone else just tries to copy it.
"The standard equation, the one Eisenstein had formalized, was something like: image plus image equals a meaning. The collision of two images producing a third image, the idea that lives in the gap. In his youth, Pelechian looked at this equation and felt, without being quite able to articulate it yet, that something was missing, or rather, that something was present in it that should not be. The addition sign. The joining. He did not want to join images. He wanted to separate them. To place them at a distance from each other and see what lived in that distance, in that interval, in the space between things that the eye and the mind could not help but try to cross. Not montage as collision, but montage as separation." Revisit Pedro Emilio Segura Bernal on the films of Artavazd Pelechian:
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The standard reserve protocol is currently burning more tokens than it’s emitting. Pretty bullish tbh.